The Indian School of Business’ (ISB’s) postgraduate programme in management for senior executives (PGPMAX) has been ranked 53rd globally in the latest Financial Times (FT) 2020 Executive MBA (EMBA) rankings.
A 15-month global executive MBA-level programme for senior executives and business owners with a minimum of 10 years work experience, ISB’s PGPMAX slipped one place from last year’s 52.
While ISB’s PGPMAX was the top ranked executive MBA programme in India, the second best was Indian Institute of Management Bangalore’s (IIMB’s) postgraduate programme in enterprise management (PGPEM) at 95th position.
IIMB’s PGPEM is a weekend MBA programme designed for working mid-level and senior executives with a minimum four years’ work experience after graduation. The programme aims to prepare participants to manage greater responsibilities as business leaders.
ISB’s PGPMAX was not only ranked 11th in the standalone programme category in Asia, the school is ranked 12th globally in terms of salary today. The salary increase is measured based on the average difference in alumni salary between their salary before EMBA and now. The PGPMAX programme is also ranked 28th globally for work experience of its students.
On the other hand, IIMB’s PGPEM has scored well in categories such as salary increase, career progression, aims achieved, women-on-board, and corporate social responsibility. The premier B-school stated it was committed to maintaining this advantage and working on other parameters of importance to improve its global standing.
“The FT EMBA ranking is yet another reaffirmation of IIMB’s leadership role in delivering global management education. We acknowledge the need for working professionals to constantly upskill and reinvent themselves to be able to keep their respective organisations competitive and growth oriented. The PGPEM at IIMB is designed to help working professionals stay ahead of the curve,” said Abhoy K Ojha, dean-programmes at IIMB.
Meanwhile, commenting on the development, ISB Dean Rajendra Srivastava said the rankings not just highlighted the relevance of PGPMAX programme but also the importance of an executive MBA for working professionals.
“It becomes critical for experienced executives to equip and stay ahead of the curve. The need of the hour is to reinvent to meet uncertainties and looming challenges,” said Srivastava.